Pelco New Layoffs But CEO Focused On Growth

Author: John Honovich, Published on Jun 08, 2016

Pelco has laid off 43 workers, raising more fears about further decline of the company.

However, IPVM has spoken with Pelco's CEO and he says they are firmly focused on growth and that this is part of their plan to improve their overall competitive positioning.

In this note, we review Pelco's CEO plans and examine Pelco's future.

***** *** **** *** ** *******, ******* **** ***** ***** further ******* ** *** *******.

*******, **** *** ****** **** *****'* *** *** ** **** they *** ****** ******* ** ****** *** **** **** ** part ** ***** **** ** ******* ***** ******* *********** ***********.

** **** ****, ** ****** *****'* *** ***** *** ******* Pelco's ******.

[***************]

Layoffs **********

***** *** *** ***** *,*** *********, ********* *** ** ***** laid *** ****, ** ** ***** **** **** *** ***** office, * **** *** ******* *** ** ********.

***** *** *** ******** ******* **** *** **** ******, ***** back ****** **** **** **** *** ***** ****** ********* ** **** **** *****'* **** ** *,***+ *********.

Long **** *******

***** ** ** ******** ***** *** *********** **** **** *******. Pelco *** ******** **. *** *** ******* *** ***** ** 50% ***** ******* **** * ****** ***, ********** ** *** overall ****** ***** ** ****** ** ***%.

Recent ******

*******, *****'* *** **** **** ******* *** ************* ** ** so *** **** **** *** **** ** ******* * **********.

*** *** *** ***** ********* **** ********* ********** *** ********* efficiency.

Strategic **********

*****'* *** **** ** ** ******** ** '**** ************' *** products, ******** **** **** ****** ****.

** *** ****** ****, ***** ** ******** ** *** *********** (like**********), ****** ******* *** ********. **** *** ******** ********* **** legacy ******** **** ******* ****** *** ******.

** *** *********** ****, ***** ** ********* **** ** ******** and **** ** ********** *** ********** ***********, ***** **** *** partnering / *********** **** **.

Efficiency *****

** **** ** *** ************* **** *****'* ***, ** *** emphasized *** ********** ** **********. *** ***** **** ********* **** to **** ** **** ****. ***** *** ** ***** *** hiring **** **** ***, ** *** ** **** ****, *****'* CEO **** **** *** **** **** ****.

Not *** ****

******* ***** ***** ******** **** **** *** ***** **** ** improve * *******'* ***** **** ******* *** ****.

*******, *****'* *** ************* **** **** **** ** *** *** case, **** ***** ** *** *** **** *** ***** ** no **** *** ***** ** ** ****. ** *** ********* skeptical ***** **** ****** *** **** *** ********* ** ** crafted ******** ** ***** *********. ** *** ***, ***** ***** he ** ****** ******* *** ***** ** ** *********** *****. Our *** **** ** **** **** ** ********* **** ** his ****-****** ****, ****** **** **** *** **** ** **** work.

Just ***** ** *** ***?

***** ** ** ****** **** ***** ***** ** ******* ****** VMS ******** (************ ********* ***** ********** *** **********) *** ******* their ** ****** *********. **** ***** **** **** ** *** remaining **** ***** **** ******* *** ****** ** *** **** done ** **** ** **** **** *** ** ********* ****? Time **** ****.

****

Comments (7)

It's hard to gauge this. We at an all Pelco facility and are a bit nervous about all the changes. We work closely with product support and engineering. It will be tough on us if the support starts to decline. We are technically in Pelco's back yard and love the convenience of having them so close. They have been so good to us!! Hope it keeps going!!

Honestly, Pelco have to change, and the roumors it will be sold are in the background since SE bought it. Focusing on roumors like this, and trying to find a proof in every move for that theory not really helps understanding the background, but helps the conspiracy :)

I worked there for 4 years, and I still believe it is going on the right direction. Cameras were never as good as nowdays on video IQ, and videoxpert can give a stabile background if they manage this well.

Will they say or is there a way to know how much revenue is being directed to R&D relative to other companies in the industry? What kind of people are on their development and innovation teams? To me with the still large number of players in this field, and the fact the industry overall needing to catch up with IT technologies, means there is a lot of room for competition to pull ahead of others, provided they invest wisely in their innovation. Meaning investing wisely and enough to effectively develop a marketable differentiator, without overspending on it and not developing something "neat" but has little real world value. I don't think they will get far if the vision is to just be another manufacture of video surveillance products that they claim are better than anyone elses.

Will they say or is there a way to know how much revenue is being directed to R&D relative to other companies in the industry?

Pelco's CEO cited 12%. It's hard to know though how that compares since companies can have some leeway in how they segment.

That said, Pelco definitively has real engineering / development, though somewhat less than last week.

What kind of people are on their development and innovation teams?

That's a hard question to answer for any manufacturer. It's like saying what kind of people are on the Axis development team? Clearly Axis has got many strong people in R&D but they are rarely publicly or externally acknowledged.

That said, I do think Pelco has some strong development / engineering talent. Pelco's CEO says releases have increased notably since he started and that he is prioritizes that. How it executes amongst these changes remains to be seen.

I heard today that Pelco reached out to one of the manufacturer reps after cutting them about 2 1/2 years ago and was looking to bring them back on. I don't know if this was a regional thing or across the board.

1, I don't know about the manufacturer rep situation.

For background, for members, most of the rep firms were fired in 2014 before this new CEO came.

Now, there is a new VP of Sales so he might take a different approach. Also, the CEO might see rep firms as being more efficient / lower cost than hiring more internal sales people.

Again, I don't know but given those changes, it sounds like something that could reasonably happen.

Refocusing on VMS and One VMS (VideoXpert) will be a keep part of the recovery. If these employees supported products not part of the strategic future, it sounds like a good move by the aggressive new CEO.

Login to read this IPVM report.
Why do I need to log in?
IPVM conducts unique testing and research funded by member's payments enabling us to offer the most independent, accurate and in-depth information.

Most Recent Industry Reports

IBM / Genetec Surveillance System Investigated Over Philippines Human Rights Abuses on Mar 22, 2019
A lengthy investigation into an IBM video surveillance project in the Philippines, raising concerns IBM helped local police conduct a bloody...
Eagle Eye Favorability Results 2019 on Mar 21, 2019
Eagle Eye has been the biggest spender in the cloud VMS market including (via their owner) acquiring Brivo for $50 million and CameraManager from...
Large Hospital Security End User Interview on Mar 21, 2019
This large single-state healthcare system consists of many hospitals, and hundreds of health parks, private practices, urgent care facilities, and...
Silicon Valley Cybersecurity Insurance Startup Coalition Profile on Mar 20, 2019
Many industry people believe cybersecurity insurance is not worth it, as the voting and debate in our Cybersecurity Insurance For Security...
Covert IP Camera Shootout - Axis, Hanwha, Hikvision, March, Vivotek on Mar 20, 2019
Covert cameras were one of the last holdout areas for analog cameras. However, in the past few years, IP / HD covert cameras have become...
Top Metrics For Ensuring Integrator Profitability - Statistics on Mar 20, 2019
How do integrators ensure the profitability of their projects? As part of our profitability study, 100+ integrators answered the following...
Avigilon Launches 'Renewed Products Program' on Mar 19, 2019
There are lots of 'pre-owned' cars but pre-owned IP cameras? While such programs are common in other industries, in video surveillance, they are...
Hanwha Tax Evasion Probe, Camera Division Implicated on Mar 19, 2019
A Hanwha group subsidiary was raided as part of a tax evasion probe. While a Korean news media report listed the raided entity as 'Hanwha...
Genetec Security Center 5.8 Tested on Mar 19, 2019
Genetec has released Version 5.8. This comes after a wait of more than a year that caused frustrations for many Genetec partners. Our previous...
Retired Mercury President Returns As Open Options President on Mar 18, 2019
Open Options experienced major changes in 2018, including being acquired by ACRE and losing its President and General Manager, John Berman who...

The world's leading video surveillance information source, IPVM provides the best reporting, testing and training for 10,000+ members globally. Dedicated to independent and objective information, we uniquely refuse any and all advertisements, sponsorship and consulting from manufacturers.

About | FAQ | Contact